Pi Coin has surged 12.28% in the past 24 hours, reaching $0.6004 amid buzz surrounding Pi Network’s annual Pi2Day, scheduled for June 28. The event is expected to unveil transformative updates, including an enhanced KYC process, mainnet progress roadmap, dApp expansion, and integration with generative AI technologies.
That’s not all, speculation of Pi’s potential listings on centralized exchanges has further intensified investor interest. With sentiment heating up, the crypto community is closely watching for what could be Pi’s most pivotal moment yet. And this write-up takes you through Pi coin’s potential moves in the short term.
Pi Coin’s price action has shown significant strength in the past 24 hours. On the 4-hour chart, Pi broke out decisively above the upper Bollinger Band at $0.5868, validating strong bullish momentum. The price tapped a 24-hour high of $0.6083, far above the 20-period SMA of $0.5229, signaling that bulls have taken short-term control.
The RSI has surged to 80.38, making its way to the overbought zone for the first time in weeks. Historically, Pi has respected RSI resistance levels, making the current reading a notable sign of excessive demand. While this could lead to short-term consolidation or profit booking, the strong upward candle and increasing volume suggest that Pi could test the upper resistance near $0.65, followed by $0.70. Contrarily, the immediate support lies around the $0.586 breakout point.
The surge is driven by anticipation around Pi2Day, with the Pi Network team expected to reveal key developments.
Yes, the RSI at 80.38 signals that Pi Coin is in overbought territory, which could lead to short-term corrections or consolidation.
If bullish sentiment holds, Pi may target the $0.65–$0.70 range. However, a drop below $0.586 could signal a temporary pullback.
Crypto treasuries have become the talk of this market cycle, with institutions and corporations scooping…
Dogecoin (DOGE) has recently pushed past the $0.24 mark, signaling renewed strength in its price…
Ethereum (ETH) is about to enter Q4 2025 at a pivotal moment, with traders closely…
Crypto markets are under pressure: Bitcoin dipped below $111,000 following macroeconomic shocks, and liquidity stress…
A recent report from blockchain firm Elliptic reveals how Russian state-linked networks have been using…
SOL price may have slipped this week, but the broader narrative continues to strengthen. With…